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FILE PHOTO: LNG tanks are pictured at Tokyo Gas's LNG terminal in Sodegaura, Chiba Prefecture, Japan November 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
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Japan’s draft climate strategy spurs calls for bolder cuts in carbon emissions

Japan's draft plan targets a 60 per cent cut in emissions by 2035, but experts call for deeper reductions to meet climate goals.

National Grid has outlined ‘unprecedented’ plans to invest £35 billion (Gareth Fuller/PA)
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

UK’s National Grid outlines ‘unprecedented’ £35bn investment plans

The plans also contribute to the group’s wider UK investment, which will support 55,000 more jobs by 2030, according to National Grid.

FILE PHOTO: VW employees attend an IG Metall union rally in front of Volkswagen headquarters, during a warning strike at the main factory of Germany's carmaker in Wolfsburg, December 9, 2024. Banner reads, "That's enough - We are ready to strike". Martin Meissner/Pool via REUTERS/File Photo
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Marathon VW talks to resume in search for pre-Christmas deal with unions

Volkswagen and unions are in crunch talks over German operations cuts, aiming to avoid major strikes before Christmas.

FILE PHOTO: A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Tesla’s China factory head Song Gang leaves company, letter to staff shows

Tesla's Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
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OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: A missile is launched during an exercise of the Islamic Revolutionary Guards Corps (IRGC) navy in the south of Iran, in this picture obtained on January 17, 2023. IRGC/WANA (West Asia News Agency)/Handout via REUTERS/File Photo
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Iran’s Revolutionary Guards extend control over Tehran’s oil exports, sources say

Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports of Iranian oil.

FILE PHOTO: The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

Experts’ comments on talks between Honda and Nissan to deepen ties

Honda and Nissan are in talks to deepen ties, including a potential merger, as Japan's auto industry faces challenges from Tesla and Chinese...

FILE PHOTO: An artisanal miner washes tin ore before it is bagged up and weighed, ready to be transported to the nearest major town for export in the Kalimbi tin mine near the small town of Nyabibwe, east Congo, October 31, 2012. REUTERS/Jonny Hogg/File Photo
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Apple says it has told suppliers to stop buying minerals from Congo

Apple told suppliers their smelters and refiners must stop buying tin, tantalum, tungsten and gold from the DRC and Rwanda as conflict has...

FILE - Energy Secretary Jennifer Granholm talks during a session at the COP29 U.N. Climate Summit Nov. 15, 2024, in Baku, Azerbaijan. (AP Photo/Rafiq Maqbool)
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U.S. Energy chief Granholm warns against ‘unfettered exports’ of liquefied natural gas

U.S. Energy Secretary Jennifer Granholm says a "business-as-usual approach" to LNG exports is "neither sustainable nor advisable."

FILE PHOTO: Power lines are shown in Carlsbad, California, U.S., August 17, 2020. REUTERS/Mike Blake/File Photo
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

Half US at high risk of power shortfall in next decade, regulator says

NERC warns that half of the U.S. faces power supply shortfalls in the next decade due to rising demand and inadequate infrastructure.

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